Monthly Archives: <span>September 2014</span>

Many Still Lack Power in Los Cabos; Storm Toll Deaths at 5

Authorities in northwestern Mexico were struggling to get power back on in the resort zone of Los Cabos a week after Hurricane Odile barreled through, saying Monday that electricity had been restored to 19 percent of customers in the area. …

U.K. Regulators Ban Insurer Deals on Price Comparison Websites

U.K. regulators banned car insurers from making agreements with price comparison websites, saying it limits competition and increases premiums. The agreements stop insurers from making their products available more cheaply on other online platforms, the Competition and Markets Authority said …

Axis Capital to Boost Primary Sales as Reinsurance Prices Slide

Axis Capital Holdings Ltd. plans to expand the insurance side of its business to make up for lower earnings from the reinsurance segment. “I wouldn’t be surprised now over the next couple of years if we would see the proportion …

Administration Relaxes Food Safety Rules for Farmers

The Food and Drug Administration has revised sweeping food safety rules proposed last year after farmers complained that the regulations could hurt business. The new proposals would relax water quality standards and allow farmers to harvest crops sooner after using …

Coal States’ Senators File Black Lung Benefits Bill

Sens. Jay Rockefeller of West Virginia and Bob Casey of Pennsylvania unveiled legislation last week aimed at ensuring fairer treatment for coal miners with black lung disease as they pursue benefits claims. The bill by the two Democratic senators from …

Player’s Widow Sues NFL, Claims Husband’s Suicide Due to Concussions

The National Football League was sued by the widow of former San Diego Chargers defensive back Paul Oliver, claiming his suicide last year was the result of head trauma and concussions he sustained. The NFL ignored, minimized and disputed the …

Home Depot Breach Tied to Bank Account Fraud, Reports WSJ

Home Depot Inc.’s data breach, which put about 56 million payment cards at risk, has fed fraudulent transactions that in some cases have drained money from customer bank accounts, the Wall Street Journal reported. Stolen information on credit and debit …

Hub Southeast Names Love President for Employee benefits

Insurance broker Hub International Southeast has named Tim Love as president, Employee Benefits, responsible for overseeing employee benefits product and service offerings for Carolina and Florida. Love will be based in the Clearwater, Florida office. Love has 20 years of …

Rob Schneider: Makin’ Enemies

In a decision that had to be as awkward as it was necessary, State Farm has cut ties with pitchman Rob Schneider, following a social media campaign to make the home and auto insurance giant aware of the comedian’s unfortunate …

Crystal & Co. Appoints Hope as Family Enterprise Risk Practice Director

Crystal & Company, a strategic risk and insurance advisor, has appointed Kathy Hope as director within the firm’s Family Enterprise Risk Practice. Reporting to Linda Bourn, Hope’s role is a senior addition to the Family Enterprise Risk team. She is …